According to the Mortgage Bankers Association, mortgage delinquencies increased for all loans in 2024 compared to 2023. The delinquency rate …
HOW TO PREVENT LOAN DELINQUENCY: 10 STRATEGIES FOR LENDERS
U.S. loan delinquency is on the rise. Total mortgage delinquencies increased for all loans outstanding in the third quarter of …
IMPROVE LOAN ORIGINATION EXPERIENCE WITH 8 EXPERT TIPS
A positive customer experience during the loan origination process is essential for several reasons. First, it affects customer satisfaction and …
5 LOAN SERVICING TRENDS TO WATCH IN 2025 & BEYOND
Loan servicing is a crucial aspect of the financial industry that involves managing and administering loans on behalf of lenders. …
HOW TO RESPOND TO CAR LOAN DELINQUENCY RATES IN 2025
Car loan delinquency rates are rising. Account delinquency rates of auto loans 60+ days past due (DPD) rose six basis …
GEN Z BANKING TRENDS: HOW LENDERS CAN STAY COMPETITIVE IN 2025
Gen Z’s banking preferences are shaped by their digital upbringing and financial outlook. Around 99% of Gen Z use mobile …
LOAN ORIGINATION AND AI: HOW AI IS CHANGING LENDING
Artificial intelligence (AI) is revolutionizing financial services by improving efficiency, accuracy, and personalization. AI allows financial institutions to mitigate risks …
AUTO LEASING TRENDS: WHAT TO EXPECT IN 2025
In recent years, advances in vehicle technology and shifting consumer preferences have driven auto leasing trends. Electric vehicles (EVs) are …
5 CREDIT UNION TECHNOLOGY CHALLENGES
Some of the top credit union technology challenges right now are: Lack of agility in deploying IT resources and services to meet dynamic processing demands associated with business cycles; inability to rapidly implement new applications or modify existing applications to meet evolving market needs; and obtaining maximum value from the growing volumes of data generated by transactions and customer interactions.
CUSTOMER EXPERIENCE TRENDS IN BANKING: WHAT TO EXPECT IN 2025
Technologies that reduce friction and improve customer satisfaction drive customer experience in the lending industry. Digital-driven banking customer experience plays …
